Is Danbury Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danbury Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Danbury Township was a Seller's Market.

Key Takeaway

Danbury Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Danbury Township, OH

How much do homes in Danbury Township, OH cost?

Median Sold Price

$475,000

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$71,000(+17.6%)

Key Takeaway

Homes in Danbury Township have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in Danbury Township was $475,000 in November 2024, up 17.6% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $158.5K$242.5K
+53.0%
2 $325K$256.6K
-21.0%
3 $419.9K$465K
+10.7%
4 $577K$622.5K
+7.9%
5+ $1.2M$797.5K
-33.6%

Summary: Danbury Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53%, 2 bedroom homes decreased by 21%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Marblehead
+47.1%
Danbury Township
+17.6%
Lakeside Marblehead
+17.3%
Catawba Island Township
+6.5%

Housing Supply in Danbury Township, OH

How many homes are available in Danbury Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7467-9.5%

Summary: The Danbury Township real estate market had 67 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 4138
-7.3%
4 1610
-37.5%
5+ 44
0.0%

Summary: The Danbury Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1810-44.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danbury Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Danbury Township in November 2024, down by 44.4% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Danbury Township, OH

How long does it take to sell a home in Danbury Township, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
149 Days83 Days-44.4%

Summary: Homes in Danbury Township had an average of 83 days on market in Nov 2024, down by 44.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Danbury Township has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Danbury Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Danbury Township, OH

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